E25 3.64% 26.5¢ element 25 limited

Ann: Quarterly Appendix 5B Cash Flow Report, page-40

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 682 Posts.
    lightbulb Created with Sketch. 78
    They seriously need to sort out the butcherbird mine.

    Their plan is stated in their quarterly:
    1. increase availability (uptime of the plant)
    2. implement process improvements including DMS

    But where are the numbers to show us how these two improvements will get it out of being an unprofitable mine? Will those two key improvements be enough?

    Or will it always be unprofitable until we get HPMSM up and going?

    Looking at the initial feasibility study and comparing to current manganese price - it seems it will only be ever so slightly above break even.

    I like this stock a lot, I really want to buy more but at this point I can't really justify it
 
watchlist Created with Sketch. Add E25 (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
-0.010(3.64%)
Mkt cap ! $58.27M
Open High Low Value Volume
26.0¢ 26.5¢ 25.5¢ $82.41K 317.3K

Buyers (Bids)

No. Vol. Price($)
5 76816 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 19999 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
E25 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.